Posted on 03/03/2009 8:53:03 PM PST by St. Louis Conservative
Most of President Obama's dramatic budget changes are likely to pass Congress, but expect even many Democrats to question his plan to create a "cap-and-trade" program for carbon dioxide. The plan would bring in some $646 billion over the next ten years according to the Obama budget office. The vast majority of the revenue supposedly would be used to create tax cuts for low-income families.
Democrats from Rust Belt states are already skeptical. Their region would be hit hard by the new rules, especially those with large coal industries. A total of 15 Senate Democrats have signed a letter urging that any cap-and-trade legislation "ensure that consumers and workers in all regions of the U.S. are protected from undue hardship." Those signing included Senators Debbie Stabenow and Carl Levin of Michigan, Blanche Lincoln and Mark Pryor of Arkansas, Jim Webb of Virginia, Evan Bayh of Indiana, Claire McCaskill of Missouri and Ben Nelson of Nebraska.
(Excerpt) Read more at online.wsj.com ...
Could explain their anti-Obama vote in the Senate today.
I despise Claire McCaskill, but I will give her credit where credit is due if she helps nuke cap and trade.
I can’t see Byrd voting against coal!
They had fair warning of what he intended to do.
Or Bob Casey, or Jay Rockefeller, or Sherrod Brown.
Illinois is a big coal state too, so there will be significant pressure on Durbin & Burris to vote against it as well.
This half-baked cap and trade thing is too much. Maybe Obama has over-reached on this one? Hundreds of billions of dollars and job losses as business can’t cope financially is a big price to pay, just so Obama can prove to the enviro extremists that he believes in global warming.
And all that money is going to provide tax relief to lower income people whose energy expenses will go up????
How the heck is he going to pay for his clean green energy programs? Does he really want to start phasing out fossil fuels, or does he want a new source of tax income?
Maybe the folks in the Rust Belt figured out that they may freeze next winter if Cap and Trade becomes law.
I’ve supported Evan Bayh in the past, and I know him personally. (if you know how he governed Indiana, you’d understand.
But his actions this election season have been completely out of line, ESPECIALLY his complete sellout of the people of this state. He wanted to be VP, and he compromised his principles to try and get there.
NOW HE MUST LIVE WITH IT.
Even HE is beginning to realize the huge mistake, I think.
At least a few stupid Democrats will vote for it.
They should be “low hanging fruit” for a good conservative challenge, next year.
All of whom will bend over and do the thank-you-sir-may-I-have-another thing when the time comes.
He'd be commiting political suicide to support any sort of cap and trade arrangement ~
Actually, it would be worse than that, but I'm sure they'd give him a great funeral ~ people dancing in the streets, etc.
There are others with a similar problem.
They now know they have to break with Obama or they'll hear a Great Sucking Sound!
It's not inconceivable that we will eventually see some of these Democrat pukes voting for his impeachment.
Low income families don’t pay taxes so how do they get a tax cut?
Cap-n-Trade, very literally, means the END of Manufacturing in America.
It means the END of Livestock production in America.
And it means THE END OF AMERICA. Period.
The Euros have already realized this, and haven’t even bothered trying to meet the limited goals they already had for reducing Carbon Emissions.
The time is coming, VERY SOON FOLKS, where we will HAVE to start taking to the streets, if we want this country to survive as a free nation.
I think that was yesterday.
“Or Bob Casey, or Jay Rockefeller, or Sherrod Brown.”
Don’t be so sure about Brown.
Don’t worry. Obama can count on the RINO vote to help offset that more conservative Democratic opposition.
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